Use the Following to Answer Questions

question 131

Multiple Choice

Use the following to answer questions :
Scenario: Ben and Nik
Ben and Nik are the only members of a community.They have revealed the marginal private benefits they each receive from a public good whose marginal social benefit is known.In addition,the marginal social cost (MSC) of the public good is known and is constant.
-(Scenario: Ben and Nik) Use Scenario: Ben and Nik.At all levels of provision of the public good:

• A) Ben places a higher value on the public good than Nik.
• B) the MSC is less than the MSB.
• C) the optimal level is not attained.
• D) the private marginal benefits cannot be determined.

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